3rd Quarterly Report 2021
18/12/2021

 

Summary 3rd quarter 2021

 

The GGR for the quarter was € 182.69 million, which implies a decrease of -15.39% quarter over quarter and -5.19% year over year.

Regarding the rest of the main figures, deposits and withdrawals of the players, their variation rates decline in relation to the previous quarter, -5.52% and -5.56% respectively. Marketing expenditure decreases -28.76% quarter over quarter and new accounts experiences a fall with respect to the previous quarter, -25.07%. Details are shown in Table 1.

In the analysis of the GGR by game segments, it is observed that:

The € 182.69 million of GGR are distributed among € 59.16 million in Betting (32.38%); € 3.51 million in Bingo (1.92%); € 100.33 million in Casino (54.92%); € 0.10 million in Contests (0.06%) and € 19.58 million in Poker (10.72%).

The betting segment has a decreasing rate of -35.67% quarter over quarter and -28.61% year over year. There is a decline in both with respect to the previous quarter; pre-match, -57.5%; in-played sportsbook, -20.43%. The rest of betting has decreased as well this quarter.

Bingo has experienced a rise of 7.59% quarter over quarter and a decrease of -9.72% year over year.

In the casino segment, there has been a slightly rise of 0.48% quarter over quarter and an annual variation rate of 22.64%. Slots and live roulette are the games with the highest increasing rate, 30.72% and 22.28% year over year. Compared to previous quarter, these games had also an increase of 7.5% and a decrease of -9.45% respectively. On the other hand, roulette has decreased -13.7% quarter over quarter and -12.31% year over year.

Contests experienced a fall of -79.51% quarter over quarter and -91% year over year. This segment continues an irregular behaviour with annual variation rates in the third quarter of -85.02% in 2018; 128.23% in 2019; 58.38% in 2020.

Poker presents a decline of -3.74% quarter over quarter and -14.72% year over year. Poker cash has increased 14.91% compared to the previous quarter and by 6.98% compared to the same quarter of the previous year. Poker tournament has a variation rate of -11.62% quarter over quarter and -23.27% year over year.

As a summary, the percentage distribution of the GGR for the different segments in this quarter of the period from 2018 to 2021 is shown in Table 2.

Marketing spending has been € 89.65 million in the last quarter. It may be broken down into € 8.66 million affiliation expenses; € 1.6 million sponsorship; promotions € 43.25; and advertising € 36.15 million. Marketing spending experienced a decline of -28.76% quarter over quarter, because of the fall of the advertising with variation rates of -39.31% and -30.41%, respectively. All marketing variation rates were negative year over year. Promotions are broken down into cost of bonus included in prizes, € 18.55 million and cost of bonus not included in prizes, € 24.69 million.

The monthly average of active game accounts is 915,259; which implies a decrease of -7.66% quarter over quarter and increase of 3.79% year over year. The monthly average of the new game accounts is 173,224; with a fall of -25.07% quarter over quarter and -47.55% year over year.

For this quarter, there are 78 licensed operators and the number of active operators by segment is:

  • Betting: 45
  • Bingo: 3
  • Casino: 54
  • Contests: 2
  • Poker: 9

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